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NATE�s Executive Director Resigns

Gary Oshry of the New England Trade exchange informed the National Association of Trade Exchanges (NATE) membership with the following brief memo on a significant event involving the association:

Executive Director Tom McDowell (one of NATE�s founders) tendered his resignation on Tuesday, February 3, 2009.


NATE and the Banc are in the process of reorganizing.

NATE was incorporated in February 1987 as a general �Not For Profit Association� under the laws of the State of Missouri.

For more information regarding this announcement on the NATE organization contact Gary Oshry at

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